It seems that nobody wants Ether anymore
Following on from an earlier update today, noting the fall in BTC, one major cause behind that drop has been the further sell off in Ethereum (ETHUSD).
Ether dives through support levels this afternoon
Earlier today I warned about a potential drop below $1550 on Ether delivering a deeper move and one that could take out the previous interim low at 1491.
Ether still coming to terms with new format
This week the crypto news has been all about Ether and its new software upgrade and staking wallets.
Ether has a look under $1500 today
The breakout to the downside below 19,500 reported on here much earlier this morning on Bitcoin has seen a corresponding move lower unfold in Ether.
Ether holds onto a tight weekend range too
On Friday it was again noted here; that Ether was still holding a price range, approximately defined by its 50 and 100 day moving averages.
Ether on the rebound too today
Following on from the previous update, noting the modest gains seen in BTC so far today, the same can be said of it lead competitor, Ethereum (ETHUSD).
Ether stalls just above $1600
Following on from the previous update noting the price action in Bitcoin today, here is some detail on its leading competitor.
Ether at risk of further downside as US interest rates rise
It has been a while since there was any coverage here on the progress of Ethereum (ETHUSD).
Ether rebounds from weekend lows
As noted in the previous update on the weekend price action in Bitcoin, the move lower there was once again clearly led by Ether.